Exxon, Shell, oil trade bodies spending $114m to obstruct climate policy
Despite the recent Paris agreement on global warming, the fossil fuel industry is still systematically trying to stall progress, and using shareholder funds to do so.
Research suggests ExxonMobil spent $27m and Shell $22m to obstruct climate legislation in 2015, with the American Petroleum Institute and two smaller trade associations spending a further $74m on behalf of the entire industry.
The report from London based non-profit InfluenceMap forensically analysed the amounts being spent by a representative sample of the most powerful entities in the global oil and gas industry, looking at a range of activities influencing policy makers and manipulating the public discourse on climate change, including spending on PR, social media and advertising.
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